Question
1.When looking at the business cycle over the last 100 years we can say that: a.Presidents Hoover and Roosevelt presided over the longest period of
1.When looking at the business cycle over the last 100 years we can say that:
a.Presidents Hoover and Roosevelt presided over the longest period of declining GDP.However, President Obama presided over the slowest economic recovery since WWII.
b.The rate of economic growth under Presidents Reagan and Clinton was greater than under President Obama.This is due largely to Reagan's tax cuts and Clinton's international trade agenda.
c.Under President Trump the economy's pace of economic growth accelerated -before the recession we are likely in.
d.The rate of growth under President Reagan and Bill Clinton was longer than normal, due in part to more nations pursuing capitalism and technological breakthroughs.
e.All of the above.
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